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THE TRUTH ABOUT: 35 | History Defined

McKinsey studied 200 family business successions. The biggest problem wasn't the heir — it was the outgoing CEO

New research across 50 countries finds family-owned businesses underperform for five years after a leadership transition — and the culprit is usually the person leaving, not the person arriving.

Fortune

‘A pressure cooker ready to explode’: The wild secondaries scramble for Anthropic shares

The secondaries market for the biggest private tech companies has gotten scorching hot, and is potentially ripe for fraud.

Fortune

Wall Street has pretty much written off the idea of a Fed rate cut at Kevin Warsh's first meeting

Everything you need to know before you reach the office this morning.

Fortune

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Bolt’s cofounder killed its HR department. This CEO says people management is key to thriving in the AI age

Also: All the news and watercooler chat from Fortune.

Fortune

I've led companies through every major tech disruption. AI washing is the same mistake, every time

Leaders using AI to justify workforce cuts are missing the real opportunity to build more capable organizations.

Fortune

You wouldn't put your entire 401(k) in one stock. Why are you doing it with your credit card points?

Diversifying your credit card points means you're safe from point devaluations at your favorite airline.

Fortune

Founder of Ms. Anti Work says her ‘lazy girl job’ allowed her to only work a few hours a day—and she built her media company on the side

Gabrielle Judge, a content creator known as “Ms. Anti Work,” has built an empire helping others decenter the 9-to-5 hustle and adopt a softer approach to work.

Fortune

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Top economist Tyler Cowen on the biggest problem of the AI age: not mass unemployment but adjusting to a new reality

"I think for the vast majority of Americans, it will actually feel more normal, maybe happier," Cowen said. But lawyers and bankers are in for a shock.

Fortune

Inside the fraud-ripe feeding frenzy to snag Anthropic shares while the company remains private

The demand for Anthropic shares has proven explosive, and it’s led to some pretty wild behavior in the secondaries market.

Fortune

SpaceX is about to go public. It could set records as the least shareholder-friendly public company of all time

Elon Musk has mandated two classes of shares, binding arbitration, and many other policies shareholder advocates hate in the Space X S-1.

Fortune

'SpaceX is his new baby at the expense of Tesla': Elon Musk’s IPO could be bad news for his EV maker, investors warns

SpaceX will reportedly allocate 30% of shares to retail investors, betting on the CEO’s loyal base of investors—and putting Tesla under more scrutiny.

Fortune

Cloudflare posted record revenue, then cut 20% of its workforce. CEO Matthew Prince says AI has made an entire category of workers obsolete

Prince said in a recent Wall Street Journal op-ed that the company would cut “measurers” while prioritizing hiring of “builders” and “sellers.”

Fortune

Prakash Arunkundrum, HP’s first-ever chief strategy and transformation officer, bets edge AI will help companies 'bring the token cost down'

AI PCs are helping to drive HP's sales, even as higher memory costs are starting to erode margins.

Fortune

What is red light therapy? Benefits, uses, and more

Learn exactly what red light therapy is and how to use it.

Fortune

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Meta laid off 10% of its workforce as Mark Zuckerberg warns that in the AI race ‘success isn’t a given’

Meta in the first quarter reported $56.31 billion in revenue, its biggest year-over-year increase in five years.

Fortune

Trump says he’s calling off widely anticipated order to rein in AI

President Donald Trump called off plans to sign a new executive order on artificial intelligence hours before an expected White House ceremony Thursday because he said he was worried the measure could dull America’s edge on AI technology. Trump said he was postponing the Oval Office event with tech industry…

Fortune

Ro Khanna blames 'clueless' boomers for Gen Z booing AI: They handed over a ‘broken economy'

"Young people are anxious, that they're economically frustrated, and they view AI with deep anxiety and suspicion, not as some kind of great thing."

Fortune

Anthropic lands in London as AI-powered coding—and the anxieties around it—go mainstream

Anthropic’s top brass decamped to the U.K. this week, pitching Claude as a safer way to automate coding while engineers mull what it means for their jobs.

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Fortune

The Fed is dusting off a 60-year-old economic theory to explain why AI's entry-level job cuts could devastate corporate America

Kenneth Arrow argued that experience-based knowledge ripples through the entire economy. Automating entry-level jobs doesn't just hurt young workers, it could hollow out the companies doing the cutting.

Fortune

The Midwest is leading America's spring housing rebound because of 'buyers who are actually showing up,' Realtor.com says

Kansas City, Louisville, and Indianapolis are powering the strongest spring housing market since 2022 as buyers chase affordability in the Midwest away from a cooling Sun Belt.

Fortune

Intuit CFO on why the company is simplifying its structure

CFO Sandeep Aujla says Intuit is flattening management layers and reorganizing around AI, speed, and long-term growth.

Fortune

McKinsey partner says up to 50% of work hours could be transformed within the next 5 years

Anu Madgavkar, a partner at the McKinsey Global Institute, predicts that up to half of professionals’ working lives could be transformed by the turn of the decade.

Fortune

Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year

Billionaire Amazon founder, Jeff Bezos, says the bottom 50% of Americans should pay no federal income tax—and he plans to pitch the idea to President Trump.

Fortune

MacKenzie Scott gave away more than $7 billion last year—but her secretive style got her snubbed from a top donors list

“MacKenzie Scott is among the notable absences on the Philanthropy 50 list,” the Chronicle of Philanthropy said.

Fortune

Current price of oil as of May 21, 2026

When oil prices change, it affects your energy costs—and even the price of everyday items. Here’s why.

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